| Country | Score | Level | Economic | Political | NLP | Governance | Confidence | Drivers | Updated |
|---|---|---|---|---|---|---|---|---|---|
|
AR Argentina
|
70.7[66–75] | HIGH |
75%
|
hawkish central bank languagerapid escalationelevated protest activity |
2026-06-29 ▸ | ||||
|
PH Philippines
|
69.0[66–72] | HIGH |
70%
|
high remittance dependency deterioratingelevated bank npls deterioratingcurrent account deficit deteriorating |
2026-06-29 ▸ | ||||
|
PE Peru
|
65.7[63–68] | HIGH |
70%
|
low fiscal capacity deterioratingelevated bank npls deterioratinghigh debt burden deteriorating |
2026-06-29 ▸ | ||||
|
UA Ukraine
|
64.5[60–68] | HIGH |
75%
|
rapid escalationelevated conflict activityweak judicial independence |
2026-06-29 ▸ | ||||
|
MY Malaysia
|
62.7[60–66] | HIGH |
70%
|
low fiscal capacity deterioratingcurrent account deficit deterioratinghigh debt burden deteriorating |
2026-06-29 ▸ | ||||
|
ZA South Africa
|
62.3[58–67] | HIGH |
73%
|
low fx reserves deterioratingelevated bank npls deterioratinglow fiscal capacity deteriorating |
2026-06-29 ▸ | ||||
|
BD Bangladesh
|
62.1[56–69] | HIGH |
64%
|
low fiscal capacity deterioratinghigh debt burden deterioratinghigh remittance dependency deteriorating |
2026-06-29 ▸ | ||||
|
MA Morocco
|
60.7[58–63] | HIGH |
70%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
TR Turkey
|
60.6[55–66] | HIGH |
71%
|
hawkish central bank languageweak wjp rule of lawweak ti cpi |
2026-06-29 ▸ | ||||
|
PK Pakistan
|
59.7[54–66] | MODERATE |
67%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
HU Hungary
|
59.4[56–62] | MODERATE |
70%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
ET Ethiopia
|
59.2[53–65] | MODERATE |
65%
|
low fx reserves deterioratinglow fiscal capacity deterioratinghigh remittance dependency deteriorating |
2026-06-29 ▸ | ||||
|
NG Nigeria
|
58.8[53–64] | MODERATE |
66%
|
rapid escalationelevated conflict activityelevated protest activity |
2026-06-29 ▸ | ||||
|
KR South Korea
|
58.8[56–62] | MODERATE |
74%
|
low fx reserves deterioratinghigh debt burden deterioratingcurrent account deficit deteriorating |
2026-06-29 ▸ | ||||
|
LB Lebanon
|
58.2[52–64] | MODERATE |
65%
|
high inflation deterioratinglow fx reserves deterioratinglow fiscal capacity deteriorating |
2026-06-29 ▸ | ||||
|
RU Russia
|
58.2[54–64] | MODERATE |
72%
|
hawkish central bank languagerapid escalationelevated conflict activity |
2026-06-29 ▸ | ||||
|
CN China
|
58.0[55–61] | MODERATE |
74%
|
low fiscal capacity deterioratingelevated bank npls deterioratinghigh remittance dependency deteriorating |
2026-06-29 ▸ | ||||
|
SA Saudi Arabia
|
57.1[54–60] | MODERATE |
70%
|
current account deficit deterioratingelevated bank npls deterioratinghigh debt burden deteriorating |
2026-06-29 ▸ | ||||
|
GB United Kingdom
|
56.9[54–60] | MODERATE |
74%
|
hawkish central bank languageweak wjp rule of lawweak ti cpi |
2026-06-29 ▸ | ||||
|
CH Switzerland
|
56.5[54–59] | MODERATE |
70%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
CL Chile
|
56.2[54–59] | MODERATE |
70%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
LK Sri Lanka
|
55.6[50–62] | MODERATE |
65%
|
weak gdp growth deterioratingelevated bank npls deterioratinglow fx reserves deteriorating |
2026-06-29 ▸ | ||||
|
KE Kenya
|
55.1[49–61] | MODERATE |
64%
|
high unemployment deterioratinghigh debt burden deterioratingelevated bank npls deteriorating |
2026-06-29 ▸ | ||||
|
AU Australia
|
54.5[51–58] | MODERATE |
74%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
CA Canada
|
52.6[50–55] | MODERATE |
70%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
VE Venezuela
|
52.6[46–58] | MODERATE |
65%
|
rapid escalationelevated protest activityelevated leadership change activity |
2026-06-29 ▸ | ||||
|
BR Brazil
|
52.0[47–58] | MODERATE |
70%
|
rapid escalationelevated protest activitylow fx reserves deteriorating |
2026-06-29 ▸ | ||||
|
JP Japan
|
51.6[48–54] | MODERATE |
74%
|
weak wjp rule of lawweak rule of lawweak political corruption |
2026-06-29 ▸ | ||||
|
MX Mexico
|
50.0[45–55] | MODERATE |
72%
|
weak wjp rule of lawweak rule of lawweak political corruption |
2026-06-29 ▸ | ||||
|
VN Vietnam
|
49.6[47–52] | MODERATE |
70%
|
weak wjp rule of lawweak rule of lawweak political corruption |
2026-06-29 ▸ | ||||
|
IT Italy
|
48.8[46–52] | MODERATE |
70%
|
weak rule of lawweak judicial independencehigh debt burden deteriorating |
2026-06-29 ▸ | ||||
|
GH Ghana
|
48.7[44–54] | MODERATE |
64%
|
weak gdp growth deterioratinglow fiscal capacity deterioratingelevated bank npls deteriorating |
2026-06-29 ▸ | ||||
|
DE Germany
|
47.9[43–53] | MODERATE |
70%
|
high inflationcurrent account deficit deterioratingweak gdp growth |
2026-06-29 ▸ | ||||
|
NL Netherlands
|
47.7[44–50] | MODERATE |
70%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
US United States
|
46.5[42–52] | MODERATE |
69%
|
hawkish central bank languageweak rule of lawweak ti cpi |
2026-06-29 ▸ | ||||
|
PL Poland
|
45.8[43–49] | MODERATE |
70%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
CO Colombia
|
44.5[40–51] | MODERATE |
64%
|
high debt burden deterioratingelevated bank npls deterioratinghigh unemployment deteriorating |
2026-06-29 ▸ | ||||
|
ES Spain
|
43.9[41–47] | MODERATE |
70%
|
weak wjp rule of lawweak rule of lawweak political corruption |
2026-06-29 ▸ | ||||
|
TH Thailand
|
41.5[38–48] | MODERATE |
64%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
GR Greece
|
41.3[38–44] | MODERATE |
70%
|
weak wjp rule of lawweak rule of lawweak judicial independence |
2026-06-29 ▸ | ||||
|
FR France
|
40.1[36–46] | MODERATE |
64%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
ID Indonesia
|
39.1[37–44] | LOW |
71%
|
weak wjp rule of lawweak ti cpiweak rule of law |
2026-06-29 ▸ | ||||
|
EG Egypt
|
38.4[34–44] | LOW |
64%
|
weak wjp rule of lawweak rule of lawweak political corruption |
2026-06-29 ▸ | ||||
|
IN India
|
35.6[32–41] | LOW |
72%
|
weak ti cpiweak wjp rule of lawweak rule of law |
2026-06-29 ▸ |